The property market may or may not be in a bubble, no one can say for sure until (or unless) it bursts. But putting that question aside, what would happen if there was a collapse in the property market? Who stands to lose the most? And who, if anyone, stands to gain? Stuff.co.nz. More>

The Housing Minister appears to have abandoned his previous housing affordability goals. He wants to see housing prices return to single digit inflation and not fall. This means that the only way to return housing to affordable levels is for incomes to grow faster than house prices. Realistically this will take decades to happen; few of us will see affordable housing in our lifetime. Morgan Foundation. More>